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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (10,376) $ 6,923
Adjustments to reconcile net (loss) income from operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 12,305 11,970
Deferred income taxes (11,269) (1,497)
Equity in net loss of equity-method investees 498 382
Stock-based compensation, net 3,742 3,994
Long-lived asset impairment 694 0
Loss (gain) on sale of assets 62 (60)
Other non-cash items, net (556) (1,457)
(Decrease) increase in cash attributable to changes in operating assets and liabilities:    
Accounts receivable (1,150) (9,589)
Inventories (7,423) (16,907)
Other current assets 8,761 2,541
Other assets and liabilities (3,198) 1,348
Accounts payable and accrued expenses 21,940 (2,764)
Net cash provided by (used in) operating activities 14,030 (5,116)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (6,906) (7,215)
Investments and joint ventures, net 0 191
Proceeds from sale of assets 1,257 96
Net cash used in investing activities (5,649) (6,928)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under bank revolving credit facility 46,000 80,000
Repayments under bank revolving credit facility (57,000) (68,000)
Repayments under term loan (1,875) (1,875)
Payments of other debt, net (3,834) (72)
Employee shares withheld for taxes (875) (229)
Net cash (used in) provided by financing activities (17,584) 9,824
Effect of exchange rate changes on cash (5,881) (11,498)
Net decrease in cash and cash equivalents (15,084) (13,718)
Cash and cash equivalents at beginning of period 53,364 65,512
Cash and cash equivalents at end of period $ 38,280 $ 51,794